MCB Bank Limited | PSX MCB

[finance.pk]

MCB Bank Limited
COMMERCIAL BANKS
 


BUSINESS DESCRIPTION
MCB Bank Limited is a banking company incorporated in Pakistan and is engaged in commercial banking and related services. 






ADDRESS
MCB Building, 15-Main Gulberg Jail Road, Lahore

WEBSITE
www.mcb.com.pk

 

[finance.pk]

MCB Bank Limited (MCB): 1QCY22 Result Review: BUY Stance Maintained – By Abbasi Research

• has announced its 1QCY22 result where it posted a profit after tax of Rs8.91bn (EPS: Rs7.52) as compared to a profit after tax of Rs6.79bn (EPS: Rs5.73) in the same period last year, up by 31.3% YoY.
  

• The company has posted a net interest income of Rs18.11bn against Rs15.24bn in SPLY, recording a growth of 18.8% YoY. We note that this growth is attributed to the highinterest rate.
  

• Non-interest income has been increased by 20.5% YoY to Rs5.72bn mainly due to the increase in dividend income and foreign exchange income during the period.
  

View attachment 1869

 

[finance.pk]

MCB Bank Limited (MCB): 1QCY22 Result Review: BUY Stance Maintained – By Abbasi Research

• has announced its 1QCY22 result where it posted a profit after tax of Rs8.91bn (EPS: Rs7.52) as compared to a profit after tax of Rs6.79bn (EPS: Rs5.73) in the same period last year, up by 31.3% YoY.
  

• The company has posted a net interest income of Rs18.11bn against Rs15.24bn in SPLY, recording a growth of 18.8% YoY. We note that this growth is attributed to the highinterest rate.
  

• Non-interest income has been increased by 20.5% YoY to Rs5.72bn mainly due to the increase in dividend income and foreign exchange income during the period.